Carmelo Anthony Traded to The New York Knicks

Carmelo Anthony is headed to the Knicks, according to sources. 

New York will give up a package centered around Raymond Felton, Danilo Gallinari, Wilson Chandler, Timofey Mozgov, their own first round pick in 2014, Golden State's second round picks in 2012 and 2013, and $3 million in cash.

Going to the Knicks with Anthony will be Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman.

Why would the Knicks do this?

If Carmelo agreed to join their team this offseason and really set his heart on the Knicks, I don't understand why they had to give up half their team to acquire him, considering the Knicks aren't contending this season. 

A questionable move to say the least. 

From the Nuggets' prespective, Anthony appeared destined to walk, and they really got good value for him. The Nuggets are officially rebuilding at this point, and look for Nene to be the next one to go. 

The Melo saga is officially over, and I'm sure most people are glad to hear about it.

UPDATE: "The Nets are considering sending Harris and Troy Murphy to Portland for Andre Miller and Joel Przybilla, but sources say that deal’s on the backburner. New Jersey would prefer Felton over Miller, sources say," reports Yahoo! Sports writer Marc J. Spears.

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